Search results
Results from the WOW.Com Content Network
To supply its mills, Nucor uses electric arc furnaces and continuous casting to melt scrap steel as opposed to blast furnaces to melt iron. In 2023, the company produced and sold approximately 18.5 million tons of steel and recycled 18.4 million tons of scrap. [1] None of Nucor's mills are unionized and the corporate culture is opposed to trade ...
The value of iron and steel produced in 2014 was $113 billion. [2] About 0.3% of the US population is employed by the steel industry. [3] As of 2022, major steel-makers in the United States included Cleveland-Cliffs, Carpenter Technology, Commercial Metals Company, Nucor, Steel Dynamics, and U.S. Steel. [4]
Commercial Metals Company (CMC), headquartered in Irving, Texas, is a producer of rebar and related products for the construction industry. Along with Nucor, it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. The company also owns Tensar, a producer of foundation ...
Nucor also plans to commission a steel sheet coating line designed for value-added automotive products in 2026. Its largest ongoing project -- a new state-of-the-art sheet mill in West Virginia ...
Nucor Corporation (NYSE:NUE) shares are trading lower premarket today. On Monday, the company provided fourth-quarter guidance, expecting EPS of $0.55 – $0.65 vs. the consensus of $0.86. The ...
For premium support please call: 800-290-4726 more ways to reach us
Share of the United States Steel Corporation, issued December 30, 1924. J. P. Morgan formed U.S. Steel on March 2, 1901 (incorporated on February 25, 1901), [14] [15] by financing the merger of Andrew Carnegie's Carnegie Steel Company with Elbert H. Gary's Federal Steel Company and William Henry "Judge" Moore's National Steel Company [16] [17] for $492 million ($18 billion today).
In 2021, Majestic Steel USA announced the establishment of a new service center and processing plant on Nucor Steel's Blytheville campus, aiming to create 225 jobs and optimize cost efficiency through direct steel processing from the mill. [20] [21]